2.09xsubscribed
Kiaasa Retail IPO
2.09xsubscribed
Textile
listed
2.09xsubscribed
₹2.42LMin. investment
Kiaasa Retail Limited IPO Details
Sector
Textile
Issue size
₹70Cr
IPO type
SME
Market cap
₹231.51CrLower than sector avg
Price range
₹121 – ₹127
RevenueApr 2024 - Mar 2025
₹120.68CrLower than sector avg
Listing date
2 Mar 2026
Lot size
1000 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
55.30%
SectorTextile
Price range₹121 – ₹127
IPO type
SME
Lot size1000 shares
Issue size₹70Cr
Draft Red Herring Prospectus
Read
Market cap
₹231.51CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹120.68CrLower than sector avg
Growth rate3Y CAGR
55.30%
Kiaasa Retail IPO Subscription Status
As on 23-Feb-26, 5:30 PM
Kiaasa Retail IPO Timeline
- Pre-apply20 Feb 2026
- Bid start23 Feb 2026
- Bid end25 Feb 2026
- Allotment26 Feb 2026
- Release of funds27 Feb 2026
- Demat transfer27 Feb 2026
- Listing2 Mar 2026
About Kiaasa Retail Limited
Kiaasa Retail is a women-focused fashion brand engaged in the design, sourcing and sale of ethnic wear and accessories which operates through an omni-channel model including exclusive brand outlets (EBOs), franchise stores and online platforms .
The company’s product portfolio includes sarees, kurtas, kurta sets, lehengas, tops, bottom wear, dresses, dupattas, winter wear, handbags and jewelry with a focus on affordable fashion for tier-2 and tier-3 cities. In FY25, the major contributor to the revenue was Salwar-Kurta-Dupatta, which accounted for 80.56%, followed by Kurta at 6.88%, whereas other segments such as lehengas, gowns, and accessories accounted for smaller shares. The major source of revenue for the company comes from B2C retail business (72.84%) through offline and online stores, followed by B2B business (26.04%).
Geographically, Uttar Pradesh accounted for 21.11%, followed by Delhi at 11.61%, Haryana at 7.93% and 15+ other states in FY25. As of September 30, 2025, it operates 122 Exclusive Brand Outlets across 70 cities with a mix of FOFO (14 stores), FOCO (94 stores) and 14 company-owned stores as of Sep 2025. The company also sells through its website and platforms like Amazon, Flipkart, Myntra and LimeRoad. Additionally, it runs a “Nine99 Store” format, where products are sold at a fixed price of ₹999 to clear excess inventory and target price-sensitive customers which improve inventory turnover and margins .
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Objectives of Kiaasa Retail Limited IPO
Capital Expenditures
66.36%
General corporate purposes
33.64%
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Kiaasa Retail IPO Contact Details
Company NameKiaasa Retail Limited
How to apply for Kiaasa Retail IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.